When you are running low on cash, a creative way to find some money is by exploring the items in your closet. Here are a few creative ways to make your closets work for you!
- Sell to Consignment Stores – Many consignment stores will sell your items for 50% of what they can resell them fore. Check out NARTS.org for a list of shops in your area and information on how they operate. If you dry clean your items before taking them in, you can boost typically your selling price.
- Sell on Craigslist or EBay – The good thing about selling this way is that people are already hunting for used products so it makes it easier to sell secondhand items. Most likely, posting photos of your offerings will help you get them sold quicker.
- Host a Yard Sale – Traditional yard sales are always an easy way to bring in some cash but next time post yours on garagesalehunter.com or another Web site that offers local listings. You could attract more people than just those passing on the street.
- Take a Tax Deduction – You can earn money on tax savings if you donate clothing to tax-exempt organizations. Although these items must be in good condition for the IRS to all you to deduct a fair market value for the goods.
For the entire article from MSNBC, click here. Have you had any luck with selling clothing items? Tell us your story below!